£1bn added to UK economy for every 100,000 property transactions – claim
Each residential property transaction adds an average of £9,559 to the UK economy, according to some sums by Knight Frank and the Home Builders Federation. That's just shy of £1bn for every 100,000 home moves.
Londoners spent more on property outside of the capital in 2020 than in any year since 2007
Londoners spent more on property outside of the capital in 2020 than in any year since 2007 reports Hamptons, as the number of "London leavers" reached 73,950.
10% more property sales were agreed in 2020 than in 2019
The sales market has seen a busy start to the year, although asking prices have dipped in the last month as vendors price competitively.
PCL transactions ‘will double in 2021’ predicts top London agency
Dexters plans to open six new estate agency branches in London this year, as it forecasts strong growth in both prime sales and lettings markets.
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Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
Super-prime property firm expands with new lettings division
New offering from The Private Office: Real Estate will be targeting the top-end of the rental market in Surrey and the South East.
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
UK proptech boss named ‘future leader’ in US real estate list
ADVSR co-founder Elliot Jones recognised by Inman as London-based global marketing platform passes $15bn in listings.
D&G brings in talent chief from Chestertons for UK growth drive
James Evans' firm is looking to double its headcount of self-employed brokers to 50 by the end of this year.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
UK non-dom tax shake-up built on flimsy foundations, report warns
Policy amendments are urgently needed to avoid a 'significant black hole' in the public finances, says former Treasury economist.
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Two-thirds of buyers offer under asking price, but only 4% of homes sell at a discount
'Buyers could be negotiating harder, although not all sellers are willing to budge,' says Barclays Bank.
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